Desirable real estate opportunities typically don’t remain available for long in today’s hot real estate market. Yet many potential homeowners and prospective real estate investors are finding that they aren’t entirely qualified for the standard, traditional mortgage formulas due to factors such as income, credit, or other requirements. Nevertheless, under many circumstances, a non-QM mortgage […]
How the Recent Federal Reserve Meeting Could Impact New Mortgage Rates
Although it may be a widely-held misconception that the Federal Reserve sets consumer mortgage rates, it can, in fact, have a significant effect on them. During the COVID pandemic, the Fed bought billions of dollars of consumer mortgages to help keep rates extremely low and thereby encourage spending. Typically, the Federal Open Market Committee (FOMC) […]
What Are the Benefits of Refinancing Your Home?
Refinancing often allows you to save money on your home. If you’ve paid off a significant amount of your home balance or if interest rates have gone down, then it may be time to consider this smart financial move. Here’s what you need to know. What are the benefits of refinancing a home? The biggest […]
What Does a Mortgage Broker Do?
What are the benefits of hiring a mortgage broker? Why go through all the trouble of meeting with a person or calling one on the phone when there are dozens of sites who purport to sell you mortgages at the click of a button? It’s a great question. Here’s what you need to know. What […]
What to Do If Your Gold River, CA Mortgage Application is Denied
One of the things we do here at 1 Stop Lending is to take a complete look at your financial situation so that we can either advise you on how you might make your mortgage application more attractive to lenders or match you to the lender that’s perfect for you. That’s why we tell you […]
Watch Out For These Junk Fees When Choosing a Mortgage Lender in Gold River, CA
One of the big benefits of working with 1 Stop Lending is we keep our overhead low, which means we don’t have to charge our clients a bunch of junk fees just to stay in business. But what are junk fees? Where can you spot them if you are considering other lenders? Knowing about these […]